From a wider range of investment options to restricted use of borrowing, the Sipp market is about to...
From a wider range of investment options to restricted use of borrowing, the Sipp market is about to undergo a complete overhaul. From 6 April 2006, Sipps will be open to a host of new investments: from wine and cars through to buy-to-let property and holiday homes. While these opportunities look exciting, they are not without risks and adding to advisers' workload in looking at these new vehicles are the regulatory changes that come with them. Tighter borrowing rules are expected to impact the way in which some clients have used these vehicles in the past, while at the same time advisers w...
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